Nano Dimension(NNDM)

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Nano Dimension Responds to Desktop Metal's Lawsuit Regarding Merger Agreement
GlobeNewswire News Room· 2024-12-23 21:15
Waltham, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano Dimension” or the “Company”), a supplier of Additive Manufacturing solutions, today shared its response to a December 20, 2024 lawsuit filed by Desktop Metal, Inc. (NYSE: DM) (“Desktop Metal”) against the Company in the Delaware Court of Chancery alleging Nano Dimension has failed to use its reasonable best efforts to obtain regulatory approval in connection with the merger agreement between the parties dated July 2, ...
Nano Dimension Announces Changes in Board Composition
GlobeNewswire· 2024-12-16 21:15
Waltham, Mass., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano” or the “Company”), a supplier of Additive Manufacturing solutions, today announced changes in the composition of its Board of Directors (the “Board”). Nano’s Board currently consists of four members: Messrs. Ofir Baharav, Robert Pons, Dr. Joshua Rosensweig and Kenneth Traub. Mr. Baharav has been appointed as Chairman of the Board. Dr. Joshua Rosensweig will serve as the Chairman of the Company’s Audit Committee and ...
Nano Dimension Reiterates Calls for Shareholders to Vote “FOR” All of Nano's Proposals
GlobeNewswire News Room· 2024-11-26 13:15
Highlights ISS’ Recognition of the Significant Progress Nano Has Made in Executing its Focused Value Creation Strategy and its Recommendation to Shareholders Vote FOR General (Ret.) Michael X. Garrett’s Re-election Disagrees with Other ISS Recommendations That Further Expand Murchinson’s Board Representation and its Self-Serving Campaign to Paralyze Nano’s Strategy Nano Urges Shareholders to Vote “FOR” Re-election of CEO Yoav Stern and General (Ret.) Michael X. Garrett and ALL of Nano’s Proposals Deadline i ...
Nano Dimension Reiterates Its Strategic Plan to Build Significant Long-Term Value for ALL Nano Shareholders
GlobeNewswire News Room· 2024-11-22 13:15
Nano Urges Shareholders to Vote “FOR” ALL of Nano’s Proposals Murchinson and Anson Continue to Try to Derail Nano’s Progress for Their Own Self-Serving Gains Murchinson Already Has Two Representatives on Nano’s Board Based on Recent Court Ruling – VOTE to Protect Your Investment, Prevent Murchinson from Gaining Control of HALF the Nano Board, and Elect Directors Who Align with YOUR Best Interests Act Fast! Voting Ends Sunday, December 1st, 2024, at 11:59 p.m. ET Shareholders Should VOTE Today to Ensure The ...
Israeli Court Ruling Validates Nano Dimension Board's Strategic Decisions and Clarifies Current Board Structure
GlobeNewswire News Room· 2024-11-21 20:20
Court Validates Business Judgement on Strategic Actions Taken by Nano, Including Agreements to Acquire Desktop Metal and Markforged Previous Murchinson Nominees Kenneth Traub and Dr. Joshua Rosensweig Become Full Board Members Yoav Stern Continues as CEO and Stands for Election, as Planned, at 2024 Annual General Meeting Nano Urges Shareholders to Protect Their Investment and Vote “FOR” ALL of Nano’s Proposals To Learn More Visit: www.ProtectingNanoValue.com Waltham, Mass., Nov. 21, 2024 (GLOBE NEWSWIRE) - ...
Nano Dimension(NNDM) - 2024 Q3 - Earnings Call Transcript
2024-11-20 16:32
Nano Dimension Ltd. (NASDAQ:NNDM) Q3 2024 Results Conference Call November 20, 2024 9:00 AM ET Company Participants Yoav Stern - CEO & Member of the Board Tomer Pinchas - CFO & COO Julien Lederman - VP Corporate Development Conference Call Participants Katherine Thompson - Edison Sol Zelman - Gericare Operator Good day, ladies and gentlemen. Welcome to Nano Dimension's Third Quarter 2024 Conference Call. My name is Wyatt, and I'm your operator for today's event. On the call with us today are Yoav Stern, CEO ...
Nano Dimension(NNDM) - 2024 Q3 - Quarterly Report
2024-11-20 12:32
Exhibit 99.1 Nano Dimension Announces Q3/2024 Results – The Best 3rd Quarter in the Company's History Revenue $14.9M, Up 22% from the Same Period in 2023 Announced Two Transformational M&AAgreements in Q3/24 Alone – With Desktop Metal and Markforged Gross Margin Higher 48.2% in Q3/2024, Up 4.0% From Q3/2023 46.6% in the First Nine Months of 2024, Up 2.6% From the Same Period in 2023 Adjusted Gross Margin Higher 50.5% in Q3/2024, Up 2.5% From Q3/2023 Net Cash Burn Reduced Substantially $3M in Q3/2024, Down F ...
Nano Dimension Announces Q3/2024 Results – The Best 3rd Quarter in the Company's History
GlobeNewswire News Room· 2024-11-20 12:30
Financial Performance - Revenue for Q3 2024 was $14.9 million, a 22% increase from $12.2 million in Q3 2023 [3][17] - For the first nine months of 2024, revenue reached $43.2 million, compared to $41.9 million in the same period in 2023 [3][24] - Gross margin for Q3 2024 was 48.2%, up from 44.2% in Q3 2023 [4] - Adjusted gross margin for Q3 2024 was 50.5%, compared to 48.0% in Q3 2023 [5] - Net cash burn was reduced to $3 million in Q3 2024, down 80% from $16 million in Q3 2023 [9][10] Strategic Developments - The company announced two transformational M&A agreements in Q3 2024 with Desktop Metal and Markforged [11] - The combined entity is expected to have a revenue of $340 million based on 2023 results, enhancing scale and financial performance [13] - The company anticipates a robust capital position of $475 million post-acquisition, supporting future development [13] Cost Management - Operating expenses decreased across all departments due to a reorganization plan executed in Q4 2023 [19][26] - R&D expenses for Q3 2024 were $9.8 million, down from $12.8 million in Q3 2023, attributed to reduced payroll and related expenses [20] - General and administrative expenses for Q3 2024 were $10.0 million, significantly lower than $20.8 million in Q3 2023 [22] Shareholder Engagement - The company urges shareholders to vote by December 1, 2024, for proposals that support ongoing success [15][16]
Nano Dimension Reminds Shareholders that Time Is Running Out to Protect Their Investment - Vote FOR Nano's Proposals
GlobeNewswire News Room· 2024-11-18 13:15
Deadline is Fast Approaching on Sunday, December 1st, 2024, at 11:59 p.m. ET Shareholders Should Call Their Brokers Today to Ensure Their Vote is Counted To Learn More Visit: www.ProtectingNanoValue.com Waltham, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM) (“Nano” or the “Company”), a leading supplier of Additively Manufactured Electronics and multi-dimensional polymer, metal & ceramic Additive Manufacturing 3D printing solutions, today reminded shareholders that the final dea ...
Nano Dimension Announces Conference Call to Discuss Q3/2024 Quarterly Results
GlobeNewswire News Room· 2024-11-18 13:00
Waltham, Mass., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, announced today that it will release its financial results for the third quarter of 2024 before the Nasdaq market opens on Wednesday, November 20th, 2024. Mr. Yoav Stern, Chief Executive Officer and Member of the Board of Directors, Mr ...